RCS - Directa Plus PLC - Oxfordshire Starts Second Trial of GiPave

Directa PlusAnnouncement

07/03/2022 07:00

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RNS Number : 7779D  Directa Plus PLC  07 March 2022

7 March 2022

 

Directa Plus plc

("Directa Plus" or the "Company")

 

Oxfordshire County Council Starts New Trial of GiPave

Oxford road to be paved with graphene supermodifier and normal asphalt

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets,
announces that Oxfordshire County Council is starting its second trial of a
patented asphalt concrete modifier developed by Iterchimica and enhanced by
the Company's Graphene Plus.  The new trial will see two identical stretches
of Marsh Lane in Oxford, which carries around 10,000 vehicles a day along a
key city route, resurfaced with different materials.  Half of a 700-metre
stretch of the road will be laid with GiPave®, while the rest will be
resurfaced using conventional asphalt, so that the two surfaces can be
compared.

 

This second trial follows a successful first pilot scheme in Curbridge,
Oxfordshire in 2019.  Analysis of this scheme showed GiPave® increases the
lifespan of the surface by up to 70 per cent compared to conventional
resurfacing methods. The risk of rutting under loads from heavy goods vehicles
is also reduced by increased stiffness in the product.  GiPave® was
developed by Iterchimica with the support of Directa Plus and resulted from a
three-year research programme with a patent filed in 2017.  The product uses
waste plastics that would not normally be recycled and the asphalt containing
GiPave® can itself be entirely recycled - promoting the 'circular economy,'
which reduces waste and the need for new materials.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "Local,
regional and national governments are increasingly focused on both value for
money and reducing carbon footprints.  GiPave® can improve performance and
reduce environmental costs.

 

"This new trial follows a number of successful trials and pilot schemes in the
UK and Italy with the product now gaining considerable traction in
construction markets.  GiPave® is yet another product launching into
commercial markets containing our Graphene Plus, a pure form of graphene
produced through a sustainable process which is certified safe for humans and
the environment."

 

For further information please visit http://www.directa-plus.com/
(http://www.directa-plus.com/) or contact:

 

 Directa Plus plc                                            +39 02 36714458
 Giulio Cesareo, CEO / Giorgio Bonfanti, CFO

 Cenkos Securities plc (Nominated Adviser and Joint Broker)  +44 131 220 6939
 Neil McDonald / Adam Rae

 Singer Capital Markets (Joint Broker)                       +44 20 7496 3069
 Rick Thompson / Phil Davies

 Tavistock (Financial PR and IR)                             +44 20 7920 3150
 Simon Hudson / Heather Armstrong

 

About Directa Plus

Directa Plus (www.directa-plus.com) is one of the largest producers and
suppliers of graphene-based products for use in consumer and industrial
markets. The Company's graphene manufacturing capability uses proprietary
patented technology based on a plasma super expansion process. Starting from
natural graphite, each step of Directa Plus' production process - expansion,
exfoliation and drying - creates graphene-based materials and hybrid graphene
materials ready for a variety of uses and available in various forms such as
powder, liquid and paste.

 

This proprietary production process uses a physical process, rather than a
chemical process, to process graphite into pristine graphene nanoplatelets,
which enables Directa Plus to offer a sustainable, non-toxic product, without
unwanted by-products. Directa Plus' products are made of hybrid graphene
materials and graphene nano-platelets. The products (marketed as G+®) have
multiple applications due to its properties. These G+® products can be
categorised into various families, with different products being suitable for
specific practical applications.

 

Directa Plus was established in 2005 and is based in Lomazzo (Como, Italy) and
has been listed on the AIM market of the London Stock Exchange since May 2016.
The Company holds the Green Economy Mark from London Stock Exchange which
recognises companies that contribute to the global green economy.

 

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